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Streamline FHA 203k: Pass a HUD Inspection

 couple standing in front of houseThe Streamline 203k can help the house you want pass the HUD inspection required for FHA loans.


The following list is a general idea of HUD requirements a home inspection may uncover. While each item may seem fairly small, adding them up will tally up quite a bill. Paying for them by financing the purchase with an FHA 203k Streamline will help spread the cost of it all over the life of the mortgage loan.

  • Peeling or chipping paint
  • Any signs of mold or mildew
  • All windows must open freely and close completely
  • Handrails must be installed if there are more than 3 steps
  • There should be at least 2 years left in the life of the roof
  • Missing fixtures in bathrooms or kitchen
  • Exposed wiring
  • Dampness or water in the basement
  • Missing built-in appliances

With the FHA 203k, you have 2 choices. You can utilize the Full 203k or the 203k Streamline. A Full 203k covers projects which total more than $35,000 or structural repairs. It also requires a HUD consultant. The Streamline 203k doesn't require a consultant (although working with an experienced professional is generally a good move) and it does not cover structural repairs.


The full list (though not all-inclusive) for 203k Streamline FHA Minimum Repairs can be found online. Feel free to print that off and use it to decide whether the house you're looking at is a good candidate for the FHA 203k.


Learn more about renovation mortgage options like the FHA 203k with the free eBook "The Ultimate Guide to Renovation Loans." You can download the guide at the button below.

Ultimate Guide to Renovation Loans


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